NEO Price Prediction 2018: NEO has primarily been created to digitize the various assets and to guarantee that the transactions in these assets are done with the guidance of smart contracts. It is proposing to build an intelligent economy. It came to life in 2014. Since then, the blockchain has seen a significant amount of friction among the users. As the awareness around smart contracts progress, the effectiveness of this blockchain is also developing. Most of the investors are trying to decide out whether it would be an excellent approach to invest in NEO currently or not.
NEO Announcements and Exchanges
Neo is just more than a cryptocurrency. It is a smart economy that operates the same process Ethereum works. Neo was formed to create a link within the digital economy and the real economy, and both are powerful together than they are apart. Many people relate Ethereum to Neo because anything that can be formed on one platform can be made on the other. NEO is newer crypto than Ethereum, so it still has some imperfections. The NEO platform had a consent algorithm of its own which presents it a faster option related to either Bitcoin or Ethereum. It is also less perilous to use since each transaction takes about a second to execute. One of the most significant characteristics of NEO is the speed of each operation. Currently, NEO can perform over 1,000 transactions every second and the developing team claim that it will be ready to process up to 10,000 transactions per second by the end of this year when some alterations made to the peer-peer network. As of now, NEO is trading at $36.84 which is an increase of 12.57% from the previous day’s value. Our predictors have analyzed the costs of NEO and have stated that by the end of this year there will be a hike in the amount of this currency and will worth $104.77 which is a 176.19% increase.
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NEO Price Prediction 2018
NEO can be a profitable investment option. Neo price equal to 36.757 USD at 2018-07-03. If you buy NEO for 100 dollars today, you will get a total of 2.721 NEO. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-06-28 is 300.224 US Dollars. With a 5-year investment, the revenue is supposed to be around +716.78%. Your current $100 investment may be up to $816.78 in 2022. NEO price today is $36.757 and have the market cap value $2,397,915,000. The current supply is 65,000,000 NEO, and the volume sits at $165,258,000.
Acknowledging the scalability of the platform and the advantages, it is a good chance for the investors to fund in this cryptocurrency at present. Also, because it is also starting to grab the attention of the institutional investors, the potential is sure to grow. If you’re looking to invest for five years, then now might be the appropriate time to spend in this crypto. It provides you with the excellent diversification choice as well. It can provide you with significant returns in the next couple of years. If the market is in favor of NEO, it may also hit the $300 mark.
Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give the information of the coin with careful analysis. Please conduct your thorough study before funding in any crypto.